Kryptochristian

#USDJPY | Short Breakdown Potential 1.54 RR

Short
OANDA:USDJPY   U.S. Dollar / Japanese Yen
#USDJPY | Short Breakdown Potential 1.54 RR
| Targets On Chart


Longer term set up, looking like a pretty clear break down and retest from channel - likely initial target will be the high liquidity support zone which will sit around the 200EMA too. This is coming from a heavily overbought position.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.